New Brunswick Medical Education Foundation Inc.
Charitable organizationSupport of schools and education·95 JAMES RENFORTH DR · ROTHESAY, NB · E2H 1K7·BN 810513523RR0001
Last reported: F2024 filing · period ending 2024-06-30
What it does — in its own words
Ongoing programs
THE NEW BRUNSWICK MEDICAL EDUCATION FOUNDATION HAS BEEN ESTABLISHED TO PROVIDE EDUCATIONAL BURSARIES FOR NEW BRUNSWICK MEDICAL STUDENTS. THE PURPOSE OF THE SCHOLARSHIPS ARE: TO ATTRACT THE VERY BEST MEDICAL STUDENTS TO STUDY IN NEW BRUNSWICK. TO RETAIN THE STUDENTS AS PRACTICING PHYSICIANS IN NEW BRUNSWICK FOLLOWING THE COMPLETION OF THEIR STUDIES. TO COMMIT NEW BRUNSWICK RESIDENTS STUDYING OUTSIDE THE PROVINCE TO RETURN TO PRACTICE MEDICINE IN NEW BRUNSWICK. TO ENSURE THAT OUR BEST STUDENTS MAY BE ELIGIBLE FOR BOTH RENEWABLE AND NON-RENEWABLE SCHOLARSHIPS UPON THEIR COMMITMENT TO RETUR… Show more
THE NEW BRUNSWICK MEDICAL EDUCATION FOUNDATION HAS BEEN ESTABLISHED TO PROVIDE EDUCATIONAL BURSARIES FOR NEW BRUNSWICK MEDICAL STUDENTS. THE PURPOSE OF THE SCHOLARSHIPS ARE: TO ATTRACT THE VERY BEST MEDICAL STUDENTS TO STUDY IN NEW BRUNSWICK. TO RETAIN THE STUDENTS AS PRACTICING PHYSICIANS IN NEW BRUNSWICK FOLLOWING THE COMPLETION OF THEIR STUDIES. TO COMMIT NEW BRUNSWICK RESIDENTS STUDYING OUTSIDE THE PROVINCE TO RETURN TO PRACTICE MEDICINE IN NEW BRUNSWICK. TO ENSURE THAT OUR BEST STUDENTS MAY BE ELIGIBLE FOR BOTH RENEWABLE AND NON-RENEWABLE SCHOLARSHIPS UPON THEIR COMMITMENT TO RETURN TO NEW BRUNSWICK. THE SCHOLARSHIPS ARE OPEN TO NEW BRUNSWICK RESIDENTS ACCEPTED FOR STUDIES AT AN ACCREDITED MEDICAL SCHOOL WHO ARE COMMITTED TO ESTABLISHING THEIR MEDICAL PRACTICE IN THE PROVINCE.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)74¢
Per its F2024 T3010, 74¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)26%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)10.5 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$1.5M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)34%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-06-30 | $703K | 93¢ | — | 14 yr |
| 2020-06-30 | $461K | 91¢ | — | 13.3 yr |
| 2021-06-30 | $2.1M | 95¢ | — | 13.7 yr |
| 2022-06-30 | $830K | 94¢ | — | 11.3 yr |
| 2023-06-30 | $4.2M | 75¢ | 25% | 11.5 yr |
| 2024-06-30 | $1.5M | 74¢ | 26% | 10.5 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
No director records in this filing.
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗